Food Delivery Route Optimization Software Market Size, Share, Opportunities, And Trends By Product (Software, and Services), By Enterprise Size (SMEs, and Large Enterprises), And Geography - Forecasts From 2019 to 2024

The Food Delivery Route Optimization Software Market is projected to grow at a CAGR of 18.57% during the forecast period. The growth of this market is attributed to the rapid growth of the food delivery sector across the globe. Growing competition in the global food industry along with increasing internet penetration across all major geographies worldwide is encouraging food retailers to use food delivery services. The rising inflow of investments by players across this sector into advanced technologies can streamline processes and help them improve their margins. This is increasing the adoption of route optimization solutions among them, thus boosting the market growth. Geographically, the food delivery Route Optimization Software Market is segmented as North America, South America, Europe, Middle East and Africa, and the Asia Pacific. APAC will witness a significant CAGR during the forecast period on account of rising smartphone users and the growing use of food delivery apps in countries like China and India.

DRIVERS

Growing competition across the food industry

The continuous evolution of wireless communication technologies

RESTRAINTS

Lack of supporting infrastructure in many countries

INDUSTRY UPDATE

In 2016, logistics solutions provider Locus raised $2.75 million in Series A funding led by Exfinity Venture Partners to expand its technology offering and workforce.

FarEye has recently launched an AI-based real-time dynamic routing feature for the food delivery industry.

The major players profiled in the e-commerce Route Optimization Software Market are ALK Technologies, Caliper Corporation, The Descartes Systems Group Inc., Esri Global, Inc., Google, Routific Solutions Inc., LLamasoft Inc., and Microlise.

Segmentation

The food delivery Route Optimization Software Market has been analyzed through the following segments:

By Product

Software

Services

By Enterprise Size

SMEs

Large Enterprises

By Geography

North America

United States

Canada

Mexico

Others

South America

Brazil

Argentina

Others

Europe

UK

Germany

France

Italy

Others

Middle East and Africa

Saudi Arabia

UAE

Israel

Others

Asia Pacific

Japan

China

India

Australia

Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Currency

1.5. Assumptions

1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Porter’s Five Force Analysis

4.5.1. Bargaining Power of Suppliers

4.5.2. Bargaining Power of Buyers

4.5.3. Threat of New Entrants

4.5.4. Threat of Substitutes

4.5.5. Competitive Rivalry in the Industry

4.6. Life Cycle Analysis - Regional Snapshot

4.7. Market Attractiveness

5. Food Delivery Route Optimization Software Market by Product

5.1. Software

5.2. Services

6. Food Delivery Route Optimization Software Market by Enterprise Size

6.1. SMEs

6.2. Large Enterprises

7. Food Delivery Route Optimization Software Market by Geography

7.1. North America

7.1.1. United States

7.1.2. Canada

7.1.3. Mexico

7.1.4. Others

7.2. South America

7.2.1. Brazil

7.2.2. Argentina

7.2.3. Others

7.3. Europe

7.3.1. UK

7.3.2. Germany

7.3.3. France

7.3.4. Italy

7.3.5. Others

7.4. Middle East and Africa

7.4.1. Saudi Arabia

7.4.2. UAE

7.4.3. Israel

7.4.4. Others

7.5. Asia Pacific

7.5.1. Japan

7.5.2. China

7.5.3. India

7.5.4. Australia

7.5.5. Others

8. Competitive Intelligence

8.1. Company Benchamarking and Analysis

8.2. Recent Investments and Deals

8.3. Strategies of Key Players

9. Company Profiles

9.1. ALK Technologies

9.2. Caliper Corporation

9.3. The Descartes Systems Group Inc.

9.4. Esri Global, Inc.

9.5. Google

9.6. Routific Solutions Inc.

9.7. LLamasoft Inc.

9.8. Microlise

LIST OF FIGURES

LIST OF TABLES

ALK Technologies

Caliper Corporation

The Descartes Systems Group Inc.

Esri Global, Inc.

Google

Routific Solutions Inc.

LLamasoft Inc.

Microlise